Cordera, Colorado Springs, Zip Code 80924, Real Estate Market Report for December 2011

Cordera's market is starting to come around with respect to price. Both average sales price and median sales price increased during the month of December. Number of closed transactions were up to 6 closings, only April had more closings with 9, but pending transactions dropped to 1, meaning that there aren't as many recent shoppers. An interesting fact to point out is that the average sales price to average list price is at 100% for Cordera. This is driven by the fact that a number of the homes are new construction and the buyers will pay more than the list price for added amenities, such as finished basement. With the increase in sales, the months of inventory dropped to 4.5 months.

For information about listing your Cordera home for sale, visit Selling Your Colorado Springs Home.

For the complete report, visit Market Report for Cordera.